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European Union
Top European bank CEOs demand moratorium on capital hikes
The heads of eleven of Europe's largest banks have banded together to pressure EU leaders into accelerating regulatory changes they say are needed to unlock lending across the continent, according to Bloomberg.
EU deepens antitrust probe into Broadcom’s VMware licensing
Broadcom's restructuring of VMware software licensing following its $61 billion acquisition is drawing renewed attention from European Union antitrust regulators, who have sent a fresh round of questions to cloud providers as part of a deepening investigation into whether the…
Lagarde warns EU is ‘vulnerable’ without digital euro
European Central Bank President Christine Lagarde used her press conference on Thursday to underscore the geopolitical urgency of the digital euro, warning that any region that fails to control its own payment infrastructure "is potentially vulnerable."
Google overhauls EU search results, warns of record quality drop
Alphabet's Google on Tuesday rolled out changes to its search results across Europe to comply with EU antitrust regulators, warning the overhaul represents the "largest reduction in quality of service" in the search engine's 29-year history.
EU crops maturing up to 20 days earlier as climate warms
Maize, rapeseed, and winter wheat matured and were harvested across Europe far earlier in 2026 than at the turn of the century, according to European Commission data, as repeated heatwaves accelerated plant growth cycles and dragged down yields across the…
Eurostat revises EU Q2 growth upward to 0.7%
Eurostat on Monday published a batch of updated economic data for the European Union, including revised annual GDP figures for 2024 and 2025, a fresh quarterly GDP estimate showing accelerating growth in the second quarter of 2026, and new labour…
Europe’s top carriers weigh joint satellite bid to rival Starlink
Deutsche Telekom, Orange, Vodafone, and Telefonica are in early talks to form a consortium that would jointly bid for satellite spectrum and offer direct-to-mobile services across Europe, Bloomberg News reported on Monday.
Thousands attend Mladic funeral in Belgrade despite EU criticism
Thousands of mourners gathered in Belgrade on Monday for the funeral of Ratko Mladic, the former Bosnian Serb military commander convicted of genocide, as Serbia brushed aside European Union warnings against honoring one of Europe's most notorious war criminals.
EU sees no supply risk despite 15-year low in gas storage
The European Union is heading into winter with natural gas storage at its lowest level in at least 15 years, yet Brussels insists the bloc's energy system can weather the season without emergency intervention.
EU lawmakers demand Meta extend teen safeguards to Europe
Meta Platforms has agreed to pay up to $17.1 billion and implement sweeping changes to Facebook and Instagram to settle a landmark lawsuit brought by 47 states, the District of Columbia, and several U.S. territories alleging the company's platforms harmed…
France begins testing Tesla’s self-driving tech ahead of EU vote
France has started testing Tesla's Full Self-Driving system on two vehicles, marking a reversal from the country's opposition to the technology just weeks ago and setting the stage for a potential EU-wide approval vote as early as October.
Tesla publishes FSD safety data ahead of Oct. 6 EU vote
Tesla published what it called its most detailed public safety dataset for Full Self-Driving (Supervised) in Europe late on Monday, five weeks before a regulatory committee vote that could extend the system's approval across all 27 EU member states. The…
EU classifies ChatGPT as a search engine under Digital Services Act
The European Commission on Monday designated ChatGPT, Reddit and Roblox under the Digital Services Act's most stringent regulatory tier, marking the first time an AI chatbot has been classified as a search engine under EU law.
Iceland votes against resuming EU membership talks
Icelandic voters rejected a referendum to restart negotiations to join the European Union on Saturday, with the "No" side winning 52.5% to 47.5% with nearly all votes counted, national broadcaster RÚV reported.
EU gas storage hits lowest seasonal level since 2009
European natural gas prices have surged to their strongest levels since early 2023 as disruptions to LNG flows through the Strait of Hormuz continue to hamper the continent's efforts to rebuild reserves ahead of winter, raising the prospect of intense…
New poll shows Icelanders narrowly oppose EU talks ahead of Saturday’s referendum
Iceland's nearly 400,000 citizens head to the polls on Saturday in a referendum that asks a deceptively simple question: "Should Iceland resume accession negotiations with the European Union?" The vote, which polling suggests will be razor-thin, comes as geopolitical tremors…
Google rolls back spam policy in EU to avert antitrust fine
Alphabet's Google announced on Friday that it will roll back parts of its spam policy in Europe to head off a potential antitrust fine under the Digital Markets Act, marking the latest concession by the tech giant to European regulators.
EU’s €3 parcel duty cuts Chinese imports by up to 40%, France says
The European Union's €3 flat customs duty on low-value e-commerce parcels has already produced a sharp decline in shipments from China, with imports falling 30% to 40% since the measure took effect on July 1, 2026, according to French customs…
EU demands Meta extend child safety limits after US settlement
The European Commission on Thursday called on Meta to extend child safety protections to European users following the tech giant's landmark settlement with nearly all U.S. states over claims that Facebook and Instagram were designed to addict children.
Four EU states urge Brussels to unlock frozen Russian assets for Ukraine
Sweden, the Netherlands, Spain, and Poland are jointly urging the European Commission to restart work on using more than €200 billion in frozen Russian central bank assets to fund Ukraine, according to a report by the Financial Times published on…
Iceland’s EU talks referendum tightens days before Saturday vote
Icelanders will head to the polls on Saturday to decide whether their government should resume accession negotiations with the European Union, a vote that could mark a turning point for the North Atlantic island nation more than a decade after…
Europe’s gas storage crisis pushes TTF to 3-year high
European natural gas prices have climbed to their highest levels since early 2023, with the Dutch TTF benchmark reaching approximately €68 per megawatt-hour on Tuesday — roughly double the price seen a year ago — as storage facilities across the…
EU report shows summer crop yields down up to 14% amid heat and drought
Exceptional heatwaves and prolonged drought have reduced summer crop yields across the European Union by up to 14%, according to a new European Commission report released on Tuesday, August 25, as the bloc's agriculture sector faces one of its most…
EU curbs could hit 27% of China’s exports, Goldman says
The European Union's existing and proposed trade measures against China could cover about 27% of China's annual nominal exports to the bloc, Goldman Sachs said in a report, underscoring the scale of what is at stake as the two economies…
EU fuel prices rose nearly 17% in July, Eurostat says
Fuel and lubricant prices for personal transport across the European Union rose 16.9% in July 2026 compared with the same month a year earlier, Eurostat reported on Friday. The increase followed annual rises of 20.7% in May and 13.7% in…
OpenAI to launch ChatGPT ads in 31 European countries Monday
OpenAI will switch on advertising across 31 European countries on Monday, August 24, marking the largest single expansion of its ChatGPT Ads program since the company began testing the format in the United States in February. The rollout brings the…
Apple paid Ireland $17B in taxes last year, new EU filings show
Apple paid Ireland approximately $17 billion in corporate income taxes in its fiscal year ending September 2025, a sum that accounted for roughly 40% of the company's $43 billion worldwide corporate tax bill, according to new country-by-country filings first reported…
Dutch regulator fines Uber $966M over automated driver suspensions
The Dutch Data Protection Authority has fined Uber €825 million ($966 million) for suspending driver accounts through automated systems without adequately informing them, according to an August 17 decision first reported by Reuters on Thursday. The penalty ranks as the…
Apple shares jump after EU App Store fee overhaul
Apple shares rose nearly 3% on Wednesday, outperforming the broader technology sector, after the company announced a sweeping restructuring of its App Store terms for European developers that investors view as a meaningful step toward resolving its regulatory standoff with…
Germany condemns Ben-Gvir, drops opposition to EU sanctions
German Chancellor Friedrich Merz on Wednesday condemned Israeli National Security Minister Itamar Ben-Gvir's call for nightly killings in Gaza as "inhumane" and in violation of international law, as Berlin signaled a shift in its stance on EU sanctions against the…